The 'Green Deal' Q's

Cliecost

So,

This 'Green Deal';

What are the facts?
What do I have to do?
How much does it cost me?
Who would I have to contact?
How long does it last?

There's a million other questions I have but not enough time to post it, so any help would be very much appreciated

Thanks in advance.

Cliecost

Also, I'm fairly sure this is in the wrong place but couldn't find where to put it.

GlynD

https://www.gov.uk/green-deal-energy-saving-measures/how-the-green-deal-works

macman

It's not a subsidy. You pay back the full cost of everything via your future power bills, plus a hefty 6.9% interest rate.

Cliecost

macman wrote: »

It's not a subsidy. You pay back the full cost of everything via your future power bills, plus a hefty 6.9% interest rate.

I heard about the interest rate on the 5 Live show with Martin Lewis. He says it's a good deal just complex.

Cliecost

Does anyone else on here think it's a good deal? If not, why? Is it good for people who can't get normal loans or credit?

diywhynot

Cliecost wrote: »

So,

This 'Green Deal';

What are the facts?
What do I have to do?
How much does it cost me?
Who would I have to contact?
How long does it last?

There's a million other questions I have but not enough time to post it, so any help would be very much appreciated

Thanks in advance.

Long 'Sticky' on subject here.

Nile

Hi, Martin’s asked me to post this in these circumstances: I’ve asked Board Guides to move threads if they’ll receive a better response elsewhere (please see this rule) so this post/thread has been moved to another board, where it should get more replies. If you have any questions about this policy please email [EMAIL="forumteam@moneysavingexpert.com"]forumteam@moneysavingexpert.com[/EMAIL].

southcoastrgi

Martin has done a blog on it here

penrhyn

Beware the scammers and cowboys who will now try to sell you their overpriced double glazing and solar panels by starting every sentence with, green deal.

macman

Cliecost wrote: »

Does anyone else on here think it's a good deal? If not, why? Is it good for people who can't get normal loans or credit?

Not 'good'. But in such cases it may be the only alternative. Bear in mind that if you are thinking of selling your property in the next 10 years then the vendor has to transfer the loan to the new owner, so I suspect that will not be attractive to many buyers.
First thing to do is establish if the property will qualify, which means you'll have to pay out for the initial energy assessment even if it doesn't. And you can't pick and chose the measures you want.
You don't say what you wish to upgrade?